Encore Wire Performance
| WIREDelisted Stock | USD 289.84 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Encore Wire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Encore Wire is expected to be smaller as well. Encore Wire right now shows a risk of 0.0%. Please confirm Encore Wire total risk alpha, as well as the relationship between the potential upside and kurtosis , to decide if Encore Wire will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Encore Wire has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Encore Wire is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 730.6 M |
Encore |
Encore Wire Relative Risk vs. Return Landscape
If you would invest 28,984 in Encore Wire on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Encore Wire or generate 0.0% return on investment over 90 days. Encore Wire is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Encore, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Encore Wire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Encore Wire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Encore Wire, and traders can use it to determine the average amount a Encore Wire's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Encore Wire is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Encore Wire by adding Encore Wire to a well-diversified portfolio.
Encore Wire Fundamentals Growth
Encore Stock prices reflect investors' perceptions of the future prospects and financial health of Encore Wire, and Encore Wire fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Encore Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 3.96 B | |||
| Shares Outstanding | 15.8 M | |||
| Price To Earning | 31.30 X | |||
| Price To Book | 2.36 X | |||
| Price To Sales | 1.60 X | |||
| Revenue | 2.57 B | |||
| EBITDA | 483.43 M | |||
| Cash And Equivalents | 573.58 M | |||
| Cash Per Share | 31.34 X | |||
| Total Debt | 220.34 M | |||
| Debt To Equity | 0.17 % | |||
| Book Value Per Share | 114.88 X | |||
| Cash Flow From Operations | 455.21 M | |||
| Earnings Per Share | 19.04 X | |||
| Total Asset | 1.97 B | |||
| Retained Earnings | 2.51 B | |||
| Current Asset | 366.38 M | |||
| Current Liabilities | 52.25 M | |||
About Encore Wire Performance
By analyzing Encore Wire's fundamental ratios, stakeholders can gain valuable insights into Encore Wire's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Encore Wire has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Encore Wire has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. Encore Wire operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 1440 people.Things to note about Encore Wire performance evaluation
Checking the ongoing alerts about Encore Wire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Encore Wire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Encore Wire is not yet fully synchronised with the market data | |
| Encore Wire has a very high chance of going through financial distress in the upcoming years | |
| Over 93.0% of the company outstanding shares are owned by institutional investors |
- Analyzing Encore Wire's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Encore Wire's stock is overvalued or undervalued compared to its peers.
- Examining Encore Wire's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Encore Wire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Encore Wire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Encore Wire's stock. These opinions can provide insight into Encore Wire's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Encore Stock
If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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